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Schenectady 12302
737 RIDGE Road
$225,000
● House - Off Market

737 RIDGE Road

Glenville, NY 12302
bedrooms
2 Beds
bathrooms
1 Bath
$263,308
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Cherry kitchen-granite countertops, newer SS appliances. Gas LP fireplace insert. 1st flr family rm w/sliding gl doors to covered deck. CA, 200amp C-breakers. 2-car garage w/opener. 3rd BR/study in basement approx 240sf. Freshly painted interior. W/W over hardwood. Many newer windows & front fiberglass door. Newer CT bath, 2 sheds, well-water for grass. Roof 8+ yrs. Pull down stairs to attic storage. Circular driveway, 2 car att garage w/power & finished walls. Excellent Condition, Custom Kitchen Feature
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Global MLS #202122555)

Price History

Date / Event Date Event Price
Dec 16, 2021 Sold
Premium
Sold
Jun 30, 2021 Listed by Howard Hanna $239,000
Listed by Howard Hanna

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 240
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 933
  • Building Area: 933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 933
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: COM LANDS B A-L L PT3,4 HL2G

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: C06014
  • District: 422289
  • Section: 21.01
  • Parcel: 422289 21.1-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8674
  • Longitude: -73.9892

    Address

  • Full Address: 737 Ridge Rd
  • Address - House Number: 737
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R007
  • 4-Digit Zip Code: 6723
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,133
  • Tax Rate Code Area: 422202

    Market Valuation

  • Market Total Value: $138,382
  • Market Land Value: $47,059
  • Market Improvement Value: $91,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,100
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $62,100

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 63812
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Schenectady

Stats & Trends

Median Asking:

$299,525

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1972 ft²

Average Home Age

82.3 years

Currently For Sale

347 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Global MLS

Listed by: George T Tomaselli
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202122555
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 737 Ridge Road built and last sold?
The property at 737 Ridge Road was built in 1955 and last sold on Dec 10, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 737 Ridge Road is $241,390.
What are some comparable homes to 737 Ridge Road?
There are currently no comparable homes to 737 Ridge Road.
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